Fox Business | 14:20 08-12-2025 | Finance
JP Morgan Chase's CEO, Jamie Dimon, defended his bank against allegations made by Trump Media's CEO, Devin Nunes. The accusations suggested that the bank was driven by political motivations regarding a special counsel subpoena. In a strong rebuttal, Dimon stated that the operations of his bank are determined by court orders rather than political motives.
This response comes after Nunes claimed that the bank had disclosed financial records related to Trump Media to special counsel investigators, alleging partisan motives. Dimon emphasized that JP Morgan strictly adheres to the law and does not act on any political agenda.
Dimon made it clear that, as a financial institution, JP Morgan respects legal procedures and remains impartial to politics. The bank follows the laws and procedures, prioritizing its clients' confidentiality unless they are legally obliged to disclose information.
By dismissing Nunes' claims, Dimon has reinforced the commitment of JPMorgan Chase to uphold the highest levels of integrity and transparency. Regardless of political pressures, the bank insists that it will always prioritize legal obligations and judicial decisions.